We accept all types of bank card payments. The company's obligation to accept cards for payment. We conclude an acquiring agreement

The population uses plastic cards not only to receive salaries and financial transfers, but also to pay for services and goods. Credit card holders regularly carry a substantial amount of money with them and spend it at their own discretion. If you link your card to online banking or use the Internet, the possibilities for payment transactions increase several times. You will find a detailed overview of the categories of bank cards, their internal reserves, payment nuances, as well as payment systems in the article.

You can pay for services and goods using debit and credit cards in the following ways:

1. At cash terminals (in a store, bank and other payment acceptance points). During the payment process, check the amount displayed on the display, enter the PIN code and check the receipt after the transaction.
2. At stationary payment terminals (ATMs, information kiosks) by entering a code and selecting the type of transaction. On the screen you will see the amount of the written off amount, which is confirmed by a check. If you wish, you can control your account balance.
3. Remotely, from a computer or cell phone, by activating the Internet banking service. Transactions with plastic cards are confirmed by one-time SMS passwords. When paying on the payment page of the online store, enter the card details or link it to an electronic wallet.

You can pay using the following methods:

• housing and communal services;
• railway and air tickets;
• shopping in regular stores and remote stores;
• Internet and mobile communications;
• insurance and medical services;
• tax payments and much more.

Most financial institutions offer cardholders a variety of bonuses and discounts when paying.

• bank TIN;
• name of the financial institution that is the recipient;
• bank correspondent account number;
• Bank BIC;
• bank transit account number;
• account number of the above card.
• your full name.

All this information is contained in the agreement received when issuing the card. Plastic card codes and card account numbers are in envelopes.

If you have lost a contract or envelope, you can choose one of the options to obtain information on the card:

• Contact the bank branch that provided the card.
• Call the bank's customer service and provide the code word.
• On the banking website, submit a request to receive details by email.
• View data in the Internet bank of this financial institution.
• Check at the ATM by selecting the operation to receive details.

It is possible to carry out card transactions continuously thanks to global and national payment systems. The most popular among them are:

By using this financial product, you gain the following benefits:

1. You do not need to carry a significant amount of money with you and be afraid of theft. If the card is lost, immediately contact the bank to block the account.
2. You can pay for any purchase instantly.
3. There is no need to go to an exchanger, the currency is converted on the card automatically.
4. You receive interest on the money deposited into the account.
5. Increase your prestige.

Do not forget that plastic cards have some disadvantages:

1. You have to pay to use the card.
2. Not every store allows you to pay by card.
3. Psychologists say that a buyer with a card tends to make more purchases.
4. The possibility of becoming a victim of scammers. Despite banks regularly improving their security systems, hackers are finding ways to break the security.

The status of the card has a certain meaning when paying for services and goods. Therefore, it is useful to know some nuances, especially when traveling abroad.

• Budget electronic cards are not trusted in chains of prestigious stores, car dealerships, and restaurants. If you pay for a car rental with such a card, you will have to additionally undergo a security check. However, submitting a request to the bank and receiving a response takes several hours.
• Mid-range cards have a daily withdrawal limit of approximately $5,000 per day. There will be no misunderstandings when paying for a restaurant, hotel or car rental. But buying luxury items can be difficult.
• Discount programs are provided for holders of prestigious class cards in stores and car showrooms. Ticket and hotel bookings available. The cards have many bonus discounts, for example, a reduced commission is charged for cashing out funds.
• VIP cards are available to clients whose annual card account turnover exceeds $100 thousand. Such customers are met in the store by the general manager.

Please note that when paying with a card in a store, the commission is paid by the bank, and at an ATM - by the card owner.

You can pay for purchases in online stores using both Visa and Mastercard. But not every card supports such calculations, so check with your bank first. When paying for an online purchase with a card:

• card number;
• validity;
• Owner's FI;
• CW code;

4. Confirm the payment.

If you have any doubts about the store and the transactions performed, contact the bank. To regularly receive information about the movement of funds in your account, connect to an SMS notification service or Internet banking at your financial institution.

1. When choosing a bank, pay attention to the prevalence of the ATM network. Especially if you plan to frequently withdraw money and top up your account. Find out if these devices accept cash.
2. Ask your bank about the availability of bonus programs and discounts.
3. If you plan to make payments on the Internet, choose virtual plastic cards. If you are interested in high-level security, request a chip card.
4. Study the terms of the contract regarding tariffs, provided commissions, prices for issuance and maintenance. Compare the terms with offers from other financial institutions.
5. Modern payment systems Visa and Mastercard do not have significant differences, since they have equal solvency and are accepted in equal numbers of retail outlets. When traveling abroad, you can pay in any currency, and the conversion rate is set by the bank. You can link your card to several foreign currency accounts opened in your name. Then, when paying, you will be able to choose the type of currency or the amount will be automatically debited from the appropriate account.

Vyacheslav Semenikhin - about why acquiring is necessary and beneficial for small companies

This is the 21st century, most Russians receive salaries (as well as scholarships, pensions and other payments) on bank cards, but not everywhere they can pay with these cards. And this applies not only to the stall in Rubtsovsk or Shakhty, but also to quite respectable shops or beauty salons in Moscow or St. Petersburg. But by doing so, entrepreneurs deprive clients of service and themselves of revenue. Vyacheslav Semenikhin, Marketing Director of Smartfin, spoke about why mobile acquiring is beneficial for small businesses.

Company Marketing Director "Smartfin"(comprehensive solutions for small and medium businesses 2can, integrated solutions for logistics and insurance companies ibox). Graduated from St. Petersburg State University and postgraduate studies in psychophysiology, Stockholm School of Economics (MA), Swedish Institute (CSR). He worked in top positions in the food industry and banking, and launched several of his own startups. Since September 2015 - Marketing Director of Smartfin.

There are cards, but you can’t always make a purchase

For a long time now, most Russians have had a bank card, and many have not one, but several. But only residents of megacities, and even then not all, will be able to manage more or less without cash. In many Russian cities, you can see queues at ATMs everywhere. People receive their salaries on a card, but not everywhere they can make purchases with it - and are forced to withdraw cash.

Even in Moscow and St. Petersburg, many shops, beauty salons, clinics, and gas stations do not accept cards. Many courier services that deliver goods from online stores do not accept cards either. And if there is no cash, but still want to buy an item, the buyer is forced to go to an ATM and withdraw cash. Well, if the purchase is not really needed or the purchase can be postponed, the potential client will refuse it, depriving the entrepreneur of income.

• According to Central Bank statistics, in 2016 the volume of purchases of goods and services using bank cards amounted to 11.2 trillion. rubles, this is slightly more than 30% of the total number of transactions. Cash withdrawals still dominate in monetary terms (although the share of such transactions has decreased from 91% in 2010 to 68% today).

Most often, it is small businesses that refuse to make non-cash payments to clients. Why do entrepreneurs act in such a strange way, denying customers service and depriving themselves of the opportunity to sell more? This is due to a number of misconceptions regarding acquiring.

“Cashless payments are unsafe”

Some entrepreneurs who subsequently became clients of our mobile acquiring service (mPOS) believed that funds debited from clients' cards could be stolen by fraudsters. They considered “good old” cash to be a more reliable method of payment.

Today, the most economical option for accepting non-cash payments for small businesses is mobile acquiring: the mPOS terminal is compact in size, connects to any smartphone or tablet via a headphone jack or via Bluetooth, and at the same time an application is installed on the gadget, with the help of which the payment is made . Some entrepreneurs were afraid of a “malicious” program on the phone that would allegedly “leak” funds to scammers.

In fact, there is no need to be afraid of this. Each mPOS terminal encrypts the data of read bank cards using a crypto-resistant algorithm with unique keys. During the transfer process, this data is inaccessible to other applications on the smartphone or tablet, and network traffic interceptors do not have access to it. Data is decrypted only on a server installed in a security-certified data center.

In reality, dealing with cash is much more dangerous. The seller cannot always distinguish a counterfeit bill from a real one; when paying with a buyer, he may simply make a mistake by counting out the wrong amount of cash, not to mention the fact that the money may simply be stolen. At the same time, an entrepreneur is never immune from hiring unscrupulous personnel - seller, cashier, courier, accountant, etc.

“Because of the non-cash payment, the tax inspector will come to us”

Another reason why small businesses refuse to accept non-cash payments is doing business “in vain”. Such entrepreneurs do not show all their income to the tax authorities. However, it is now very difficult to find a company that does not pay taxes at all and does not make social and pension contributions. Even those who still write down all information about sales and keep accounting in a paper notebook, one way or another, once a quarter withdraw part of the funds from circulation and pay taxes and contributions.

When using acquiring, entrepreneurs will not have to withdraw cash from circulation; all taxes and fees can be paid directly from a bank account, along with rent and utility bills.

“Accepting payments by bank transfer is expensive”

One of the most important points for small businesses is the cost of acquiring. And one of the most common misconceptions is that acquiring is expensive.

Let's do the math. For a small business with low turnover, the cost of a bank terminal is about 30–40 thousand rubles, and the bank will also charge a commission on transactions, the size of which may vary depending on the bank’s tariffs. The cost of an mPOS device is much lower (the price of the most budget terminal is less than 4 thousand rubles), and the commission is 2.75% of each transaction. Is it expensive? The statistics are inexorable: when paying with a bank card, people generally spend about 10–30% more than when paying in cash. It’s just easier to part with virtual money than with cash, which may not be enough in your wallet at the moment. So saving on acquiring fees is fraught with lost profits.

Nowadays, many clients accumulate bonuses and points for loyalty programs, as well as airline miles, using bank cards. For such people, refusal to accept non-cash payment is another argument in favor of a more advanced competitor.

“When paying by card, the money takes a long time to reach the account”

I have more than once heard complaints from potential clients that during acquiring transactions, money takes a very long time to arrive in the account, almost 5-10 days. This is wrong. MPOS services for accepting non-cash payments do not hold clients’ money in any intermediate accounts. As with any banking transaction, the money arrives in the entrepreneur’s account within one to two days.

“mPOS terminal is complicated”

In order to start accepting non-cash payments through an mPOS terminal, just connect it to your smartphone via the headphone jack. You can take the terminal with you to fairs and exhibitions, when visiting a client, or simply carry it in your pocket to use it when you might need it. It will work wherever there is mobile coverage.

The method of client identification for the most economical readers is the signature of the client, who signs directly on the smartphone screen. More expensive options require a PIN pad and a built-in NFC chip (for contactless payment). Well, you can send a check to the client by email, while saving his contacts for connecting to loyalty programs and sending special offers.

Cashless payments or payments by credit and debit cards are a common form of payment today. Many shops, hospitals, hairdressers, restaurants are introducing cashless payments, which are widespread among cardholders.

The attractiveness of such payment lies in its simplicity, but it is worth knowing that paying for services and goods with a bank card is a very complex process, despite the ease of operation. Behind the simple mechanism there are a lot of nuances that will not cause interest to the average user.

But there are subtleties that each of us needs to know. It is very important to understand the difference in paying by card for goods in a regular store and an online store with courier delivery. So – how to accept payment by credit or debit card in a store?

Advantages of non-cash payment by card

Should I give preference to non-cash payments using a card? In most cases, paying via a bank card is much more convenient than paying in cash. First of all, you free your wallet from a large number of banknotes. If there is no cash in your wallet, then scammers are not interested in it, so you don’t have to worry about your safety. If you lose your wallet, you can restore the card, but cash will not be returned to you.

Cashless payments are sometimes simply necessary, for example, if there is not enough cash. You will save yourself from embarrassment in a difficult situation and will continue to be a desirable client. If you are a business owner, then the ability to pay by card will attract attention to your business and provide a sufficient number of customers.

An important condition for business development is cooperation with the company 2can, which offers the latest type of mobile service. This type of mobile acquiring makes it possible to conduct transactions using cards from various banking and payment systems in a matter of seconds. By collaborating with 2can, you provide your business with a lot of advantages that come from the features of the company’s products:

• Absolutely easy to connect and easy to use
• Reliable service operation
• Ongoing customer and technical support
• Always have your mobile phone with you
• It is possible to obtain an analytical overview of calculations upon request
• Convenient reporting

The law, which introduced restrictions on the operation of Visa and MasterCard in Russia, quietly established fines for merchants who refuse to accept bank cards for payment. Rospotrebnadzor will fine retail outlets in the amount of 30 thousand to 50 thousand rubles. Izvestia was told about this by the Ministry of Finance. The department explained that fines will be collected for each violation. Bankers support the new norms and are following the development of the situation with interest, while retail outlets are against it - sanctions will begin to be applied from January 1, 2015.

Sellers will also be fined

The amendments to the Ministry of Finance, signed on May 5 by the president within the framework of 112-FZ, edited the law “On the Protection of Consumer Rights” and Article 14.8 of the Code of Administrative Offences, Anton Siluanov’s department said. From this month, trading enterprises with revenue over 60 million rubles a year are required to accept bank cards for payment. Stores whose turnover does not reach this level will, if the amendments in the current version are adopted, be able to continue to charge payments only in cash. Fines will begin on January 1, 2015, until then there will be a transition period so that enterprises can prepare for the new legislative norms.

Considering the widespread use of payment cards among the population, these changes will ensure equal rights for consumers in terms of the means of payment used, both in cash and non-cash form, the press service of the Ministry of Finance explained to Izvestia. - This will have a positive impact on the development of non-cash forms of payment and the availability of payment infrastructure, will increase the transparency of the turnover of trade and service organizations, and will also contribute to strengthening the fight against tax evasion, fees and the laundering of proceeds from crime.

According to the new part 4 of Art. 14.8 of the Code of Administrative Offenses of the Russian Federation, refusal to accept cards for payment entails the imposition of an administrative fine on legal entities - from 30 thousand to 50 thousand rubles. If the store has the technical ability to accept cards, but the seller still refuses, then a fine may be imposed on him as an official - from 15 thousand to 30 thousand rubles.

This is being done to stimulate non-cash turnover, says State Duma deputy, one of the authors of the adopted idea, Anatoly Aksakov. - Card reader must be installed in the vast majority of retail outlets, with the exception of companies with revenue below 60 million rubles per year.

The banks will win

Small trade enterprises - for example, stalls with vegetables, cigarettes and drinks, market traders, convenience stores, and so on - will not be subject to universal rationing. For them, installing card readers is associated with significant expenses (a card reader costs about 6–18 thousand rubles). Banks install such terminals for free, but to ensure non-cash payments they need the Internet, which small merchants do not have in principle. The burden of the costs of the transactions themselves also falls on the merchants.

For transactions for accepting payments by banks, a commission from 1% to 3–5% is withheld from a trading organization, says Mikhail Gerasimov, a member of the presidium of the Association of Young Entrepreneurs of Russia. - Therefore, it is always more profitable for a trading company to receive cash and not pay interest on a non-cash card payment from a buyer.

In fact, it is often more convenient for consumers themselves to pay for small purchases in cash. It's a different matter when it comes to large purchases - for example, a car. Previously, it was even planned to establish equivalent severe fines for the lack of card readers - for the amount of the purchase.

If the seller accepts a payment of 1 million rubles in cash, he will be fined 1 million rubles, Deputy Minister of Finance Alexey Moiseev told Izvestia. However, later the department decided to establish a clear framework, limiting the size of sanctions in such a way as not to lead to massive bankruptcy of trade enterprises, and a new range of fines is now fixed in the Code of Administrative Offences.

Bankers reacted positively to the innovation.

This initiative does not have anything bad in it, says Denis Davydov, director of the retail business department of SDM Bank. - On the contrary, it is customer-oriented and aimed at increasing convenience for end customers. The banking community perceives it quite positively. Non-cash transactions streamline the market, make it understandable and transparent.

According to Davydov, the possibility of non-cash payment allows clients to save time, avoid paying commissions for withdrawing money from an ATM if there is no terminal from the card-issuing bank at hand, and use credit cards.

The initiative of the state, which decided to forcibly limit cash payments, has its own logic, says Mikhail Yatsenko, vice president of MTS Bank. - There is a large market for gray capital in Russia, and stores have ways to understate revenue. At a minimum, this is money that is simply hidden from taxes. The new norms, of course, will not solve the problem, but they will undoubtedly have a significant impact.

The innovation is primarily beneficial to banks, because the size of their commission within the framework of a trade payment reaches 1.5% of the transaction amount (it is paid by the acquiring bank with which the store works, to the bank issuing the card; the merchant, as a rule, pays the acquirer 1. 6%). Payment systems are also nicer - they receive a commission of 0.1% on each transaction. The innovation stimulates the growth of acquiring volumes and the turnover of card payments.

Russians will pay for their unconscious movement towards “plastic”

The press services of Rospotrebnadzor, the Central Bank and the Ministry of Economic Development were unable to provide comments. It is not difficult to guess to whom the stores will shift their new costs.

In my opinion, ultimately, the costs associated with accepting bank cards will fall on the consumer, since they will be “hardwired” into the cost of the purchased product,” says Irina Gudkova, head of the legal support center for retail business at B&N Bank. - In addition, a number of organizations that work with large sums of money (for example, car dealerships, travel agencies) establish additional commissions when paying for goods using cards (on average it is 2–3% - Izvestia), in this case it becomes easy for the consumer It is not profitable to pay by card. It would be advisable to legislate a clear ban on such actions.

Retailers are showing restrained pessimism.

Retail chains understand the importance and convenience for consumers of using bank cards, comments Andrey Karpov, executive director of the Association of Retail Trade Companies. - Currently, almost all retail chains provide the buyer with the opportunity to pay for purchases using a card. The proposal to fine only retail outlets indicates a lack of understanding by its initiators of the mechanism for ensuring non-cash payments. The trading facility only creates the opportunity to make a payment by installing the appropriate payment terminals, but the acquiring itself is carried out by banks. The trading entity should not be responsible for problems that arise with the acquirer in other cases.

Experts point out one nuance - citizens cannot be aware of the turnover of a particular retail outlet, and therefore it cannot be ruled out that Rospotrebnadzor, after the amendments come into force, risks being overwhelmed by mass appeals from Russians. Many may have their own scores with one or another store. According to Izvestia’s interlocutors, it would be more correct if retail outlets were inspected by representatives of Rospotrebnadzor themselves, including as “mystery shoppers.” It is also impossible not to take into account the low level of card culture among Russians - mostly citizens use a bank card to withdraw cash on payday.

Yuri Fedorov, partner at the law bureau Olevinsky, Buyukyan and Partners, suggests that it was no coincidence that the stimulation of non-cash turnover was required during the period of vigorous cleanup of the banking sector, which is being carried out by the Bank of Russia. And under such circumstances, it is intended to become a measure that partially compensates banks for the loss of customer confidence in them.

The proposal to limit the use of payment cards at retail outlets with revenues of less than 60 million rubles indicates that the authors of the amendments were not particularly concerned about the interests of real consumers, says Fedorov. - And, perhaps, in the future, when going to buy bread, the consumer will have to decide in advance whether to buy it in a hypermarket or in a bakery across the road, whether he has cash with him or only funds on his card.

Recently, more and more often, when making payments at the cash registers of enterprises, more and more customers pay for goods or services with bank cards. The buyer’s desire to pay for goods or services with a bank card is influenced by several factors:
- the population has a habit of paying in cash,

Accepting credit cards is an important part of doing business today. According to the Small Business Administration 1, the convenience of accepting credit cards often increases the likelihood of "impulse purchases" that can help you make sales. The convenience of using credit and debit cards means that customers are more likely to make purchases with them.

Credit and debit card processing

Messages and data rates may apply when using the app. Such charges include, but are not limited to, those quoted by your telecommunications service provider. We offer a variety of credit card processing options. Accepting credit cards and debit cards is essential for almost any business, but the world of payments is changing.

- the ability to pay for goods or services with a bank card.

Until recently, in our country, per person on average there were about 6 plastic card payments for goods and services per year. In developed countries this figure is tens of times higher. Due to the desire of the Russian government to limit cash turnover in our country, bank cards have recently begun to be used much more often. This is facilitated by the transfer of wages to bank cards of their employees by budgetary and, increasingly, private enterprises, as well as new legislative acts. Thus, the number of plastic card holders has increased greatly in recent years. Trade enterprises or enterprises providing services to the public are gradually introducing payment methods using bank cards. Stickers with logos of various payment systems are increasingly found at checkout points in stores, salons, cafes and other establishments that work with clients. The times when entrepreneurs and consumers were “afraid” of plastic payments are gradually passing.

As smartphones become almost universal, mobile payment technologies are taking the lead. Mobile payments free consumers from carrying cards, offering more convenient, faster and often more secure payments. When you use mobile payments, in some cases you don't need to print a receipt.

Customers expect to buy online from almost anywhere. A payment gateway allows your business to accept payments online, in person, or over the phone. Our gateway solutions support a wide range of convenience and security features, including these and many more.

Who benefits from paying with plastic cards?

Accepting payment for goods and services by bank cards is beneficial to all three parties involved in the transaction:

The greatest benefit from installing equipment for accepting plastic cards is received by a store. With the advent of the ability to accept payments by bank card, not only does the level of service increase, but there is also a significant expansion of the segment of potential clients. Take, for example, foreign citizens, for whom it is not customary to walk around with cash in your pocket, but they can easily pay you using a bank card.

Payment processing in cloud flow settings simplifies payments by storing payment information from your site and ensuring your gateway is always up to date. Token and fraud controls enhance security, while batch processing, recurring billing, and cross-border payments streamline your business.

• Safe and convenient.
• Flexible access.

In general, we can highlight the main points that lead to an increase in the number of customers and turnover of your company when providing customers with the opportunity to pay by bank card:

• new clients are attracted - bank card holders;
• the average purchase size increases;
• clients are not limited by the amount of cash they have;
• cardholders are more likely to make unplanned purchases;
• Purchases are made on credit using credit cards.

It should be noted that the security and convenience of payments has increased for both the entrepreneur and the buyer when accepting payments by bank cards:

• no more fear of counterfeit banknotes and fraud
• less cash on hand
• working with cards is much easier and more convenient
• reduction in collection costs
• reducing the number of cash transactions and counting change at the cash register.
• The cashier does not waste time issuing change and errors when calculating at the checkout are eliminated.

Myself buyer Those who pay for a purchase with a card also do not lose. Firstly, there are promotions with additional discounts and prizes that banks and payment systems regularly hold, and secondly, it is known that when withdrawing money from an ATM, you will have to pay a commission: from 0.5 to 5% of the withdrawal amount. The highest commission for cash withdrawals is when using credit cards. Therefore, in order not to lose funds from a credit card, it is more profitable not to withdraw money from an ATM in order to spend it later, but to immediately pay for the purchase of necessary goods and services from the card using merchant acquiring. Of course, convenient and economical use of credit cards is possible only at those service and retail outlets that have the appropriate equipment to accept plastic bank cards.

We offer pre-designed cards with your brand name. Download our Gift Card Options Brochure to see the many styles you can choose from. Gift cards can be specifically designed for your business. Provide your company logo and artwork in electronic format along with text for the back of the card and we'll do the rest.

• Standard map program.
• The minimum order starts from 100 cards.
• User map program.

Bank, which allows a trade or service enterprise to accept plastic cards for payment, receives interest on the amount of purchases when making payments - a third party when accepting payment by bank card.

Service for accepting plastic bank cards - merchant acquiring

Acquiring or accepting plastic cards for payment- a method that is now being introduced everywhere at various enterprises and retail outlets. To introduce profitable acquiring at an enterprise, it is necessary to study existing offers on the market.
Various banks today are actively fighting for their clients and convincing enterprises and shopping centers that they need to work with them. Each bank tries to create the most favorable conditions, for example, it helps to install acquiring equipment at an enterprise at a big discount, or even for free. Credit institutions train employees to use new equipment free of charge and provide immediate assistance if problems or questions arise during payment.
When choosing an acquiring bank, you should not forget that any bank will not operate at a loss , and therefore will try to quickly reimburse its costs for purchased terminals for accepting bank cards . Banks consider the organization of accepting card payments to be a low-margin and, moreover, investment business. Reimbursement of costs for terminals can occur due to a higher percentage of deductions when making a payment. In addition, the percentage that the bank will receive from the company for making payments may depend on the turnover of non-cash payments. It happens that the acquiring agreement stipulates a minimum purchase amount, up to which the bank charges a fixed fee for making a payment using a plastic card or a mandatory payment for a month of using the terminal with a small turnover of payments using plastic cards.
In any case, the owner of the enterprise will have to pay the bank for the opportunity to accept payments by bank plastic cards. Not all entrepreneurs are ready to work using the acquiring system, because they do not understand why they should pay the bank a percentage of their money. Yes, the flow of customers increases, wealthier people are attracted, customers automatically spend more when paying with cards... But all this will pay off after some time, but for now you just need to pay a percentage. Not everyone is ready for this. Many economy class stores and small cafes do not use such systems at all, because they believe that it is not profitable for them. Many entrepreneurs think that connecting a bank terminal to accept bank card payments is very difficult and troublesome.

How does a payment card work?

Other company and product names may be trademarks of their respective owners. Images on the screen are simulated; Actual appearance may vary. The Department will be responsible for any losses due to poor internal or inadequate controls. Limit access to cardholder data and processing to appropriate and authorized personnel. Establish appropriate segregation of responsibilities between payment card processing, refund processing, and the reconciliation function. Our merchants often ask us how credit card types and brands differ and why the cost associated with credit card processing varies depending on the payment card category.

“Excellent non-cash” - payment solution for accepting payments by bank cards, developed by companies ATOL, Ingenico And Bank VTB24. The kit is based on a simple and reliable desktop terminal from the world market leader - terminal for accepting plastic cards from the company Ingenico.
To activate the acquiring service using the “Excellent Cashless” kit, you will need to take three steps:
1. Buy a bank terminal for accepting payments by plastic cards. Included with the terminal is a package of documents for concluding an acquiring agreement with VTB24 Bank.

2. Provide the completed documents from the “Excellent Non-Cash” kit to any branch of VTB24 Bank.

As you probably already know, processing cards based on rewards costs more than processing basic cards without bells or whistles. Let's take a closer look at what rewards cards are and how you can benefit from them in your business. We all know that a credit card is a plastic card issued by a financial institution that allows its user to borrow pre-approved funds at the point of sale to complete a purchase.

We pay and accept payments without a terminal

More and more industries are choosing to accept credit cards because they are convenient for their customers and because it is easier to track sales. Why merchants should encourage the use of credit cards among their customers. Over the past few decades, credit cards have become popular across all sectors of the economy. Credit cards allow cardholders to skip cash, earn frequent flyer miles and accumulate other rewards. Rewards are becoming more generous and varied to encourage consumers to use plastic.

3. At the specified time, turn on the terminal for accepting payments by bank plastic cards to activate it.

Read more about the acquiring offer from VTB24 You can visit our online store page, where you can buy a payment solution for accepting payments by plastic cards.

When rewards are set properly, they will have a positive impact on consumers, merchants and the payments system as a whole. Despite the higher processing costs, accepting rewards cards can be truly beneficial. Rewards card holders are motivated to spend more because they tend to purchase tickets more often than those without rewards.

Research shows that consumers who use rewards-based credit cards typically come from higher-income households and attract a higher-value customer, which is great for business. Most of the commission is given to the card issuer. Actual fee levels vary depending on the transaction. Trading fees vary significantly depending on the type of card.

What documents and checks are issued when accepting payments by plastic cards?

When the buyer pays with a card, he receives an electronic terminal receipt on which he signs. One copy remains with him, and the second - with the cashier, who later passes it on to the accountant. In addition to the receipt from the terminal for accepting plastic cards, the cashier punches the receipt on the cash register, if the organization is required to use a cash register . Before purchasing a cash register, an organization must decide whether it will accept bank cards or not. With the planned introduction of acquiring at an enterprise, it is better to buy a cash register in advance with the function of issuing non-cash checks. If the organization already has a cash register, but there is no function for issuing a check for non-cash payment, the check is sent to another department in the cash register. In any case, the cashier is obliged to comply with the requirements of Federal Law No. 54 and, after removing the Z-report, correctly fill out the cashier-operator book.

Accepting rewards credit cards generally gives merchants a competitive advantage while also helping them improve their customer experience. In turn, this results in return of business and potentially higher profits. Louise Collis enjoys biking around the Clarendon Hills suburb of Chicago. What she doesn't like is change - as in spare changes in her pocket - and she prefers to use her credit card wherever she goes.

“I keep my credit card in my back pocket and don't have to carry cash,” Collis, 44, said. Collis is the face of an increasingly cashless society. This is plastic or bust for consumers who want to make a transaction at these card-only locations. Only 7 percent of transactions involve a paper check, with such transactions expected to decline further over the next few years. This is the first year the market research firm has conducted the study, so it does not have data from previous years.

If the organization is a payer of UTII, then the issuance of a document confirming payment occurs at the request of the buyer, while a check from a bank terminal cannot be such a document, since it does not comply with legal requirements. To comply with the requirements of 54-FZ and to control sellers, many entrepreneurs use check printing machines for UTII. When installing a terminal for accepting payments by bank cards at the cash settlement center of an enterprise, it makes sense to use check printing machines for UTII with the ability to issue non-cash checks.

Sales at brick-and-mortar stores represented the vast majority of all transactions, with 94 percent of retail transactions occurring in person and online purchases accounting for just 6 percent of those, according to the report. She said there are some disadvantages to using just the card, such as the potential for a third party to monitor all purchases. But the benefits - like its tracking of spending patterns - outweigh the negatives.

This has resulted in shorter inspection lines and savings in operating costs, Tsang said. But not everyone thinks the death of cash is cool. Credit card snobbery is not new. The wealthier crowd has traditionally traded in debit and credit cards, and cash is a form of payment that anyone can use.

Today, the operation of bank terminals for accepting payments by plastic cards is not programmatically connected with the operation of cash registers. The requirements for cash registers mention the need to enter a payment by bank card into a cash register, but whether this entry should be automatic or manual is not established by law. In most cases, after passing the payment through the bank terminal, the cashier manually draws up a non-cash check on the cash register machine. Exceptions are made for computer cash systems, provided that the acquiring bank trusts the software installed at the cashier's workplace.
One of the solutions for automatically printing non-cash checks on a cash register after paying with a bank card is the use of equipment from the Atol group of companies: the Frontol cashier program and the payment kit.

But the gap between cards and the have-nots is being closed with the help of a prepaid card. In fact, they mostly were. Not all stores are in a hurry to do card checks. Even as American shoppers adjust to a new retail world where plastic is increasingly preferred over paper, one country has already made the switch. Sweden has largely moved to an electronic payment economy, where even churches accept cards instead of coins and crumpled bills.

While American retailers and consumers may take offense at the fact that banks will make a little money on each wire due to interchange fees, they may consider a different outcome from the Swedish model. The fall in the money supply has led to a drop in crime rates in the Scandinavian country, the Swedish Bankers Association said, with bank failures and remittance robberies falling sharply, the Monitor said.

Today, payment cards are quite common. Bank cards are used as a payment instrument in many organizations. The simplicity of the operation saves time for both the client and the company. This method of paying for services practically eliminates the appearance of queues, at the same time, the seller does not need to look for change, because the terminal will withdraw from the account exactly the amount that is needed, accurate to the penny.

Garage sales have always been relatively low-tech—hand-held stickers and an old cash drawer full of dollar bills are common tools of the trade. This is where credit cards come in. Since people tend to carry more plastic than cash these days, garage sale owners should consider choosing credit cards. If you don't, you're limiting your audience to those who carry a ton of money, or perhaps risk getting a torn personal check.

Here are a few ways you can accept credit cards on your next sale this summer, and bring your garage, yard or sliding sale into the 21st century. Online payment services: fast and easy. You can include a shopping cart on your website using the code from the online payment service.

How does a payment card work?

So what is a plastic card? At first glance, it is difficult to understand how such operations are carried out with its help. It is equipped with a special magnetic stripe or chip (sometimes both). The holder's (owner's) payment information is stored on the strip and/or chip. Special reading devices at terminals receive information from the card, after which they perform the necessary operations.

The benefits of using online payments are the ease of setup and use. Otherwise, they will still be able to use any important credit card on these sites. Most of these sites also allow you to email receipts to your customers.

Of course, there are costs associated with using these services. Each site has its own payment system. The company also offers a card reader for selling cleaning cards - perhaps more useful for a marketer or someone who has a regular side business. Since the fees can add up, you may only want to consider offering a credit card payment option to your high-rate buyers.

Once the issuing bank has authorized the requested amount, all the buyer needs to do is sign the check to verify that the merchant entered the correct amount into the terminal.

Most bank cards have a special field where the owner puts his signature. This is necessary in order to determine whether the person really is its owner.

As you can see, this payment tool is convenient, versatile and practical. It will definitely take some time before plastic cards replace cash; this process is irreversible. Yes, today many people are still subconsciously afraid of dealing with plastic bank cards, but in 10 years they simply will not have a choice.

Devices for accepting payment cards

Accepting credit cards and debit cards as a payment instrument is now possible in many areas. Depending on the conditions, sellers of goods or services use various machines for accepting plastic cards.

Advantages of accepting card payments using 2can

It should be noted that many entrepreneurs do not accept card payments simply because it is inconvenient for them to use a traditional bank POS terminal, and sometimes it is simply impossible.

The 2can company is ready to offer an innovative way out of this situation - a mobile terminal.

How to accept payment by plastic cards

Organizing the acceptance of payments by plastic cards, for example, in a store, using a mobile terminal is simple: you connect it to your smartphone, install a special application on it and you can safely accept payment for goods. The effectiveness and convenience of this method of payment has already been experienced by numerous of our partners, including both taxi drivers and small private entrepreneurs. We cooperate with many banks and online stores. All our clients and partners have already experienced the benefits of mobile terminals.